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Urgent! Manager, AML/KYC Job Opening In Singapore, Singapore – Now Hiring IQ-EQ



Job description

Job Description

The successful incumbent will represent the first line of defence and be a key stakeholder in driving the AML/KYC function within the region.

The scope of work will be completed in accordance with IQ-EQ’s internal AML/CFT framework, as well as international and domestic AML/CFT regulations and guidelines, across a wide spectrum of service offerings, both internal and external.

This role will cover both fund administration and corporate segments.

What you’ll do

  • Managing the AML/KYC team in Singapore.
  • Act as subject matter expert and main point of contact to clients and internal departments, providing support and guidance on all AML/KYC matters where required.
  • Perform client and fund investor due diligence for new & existing accounts in accordance with MAS and CIMA AML/CFT rules, along with internal policies and procedures to identify and mitigate any risks for the clients and IQ-EQ.
  • Manage end to end process including kick off projects and coordination with clients, and all other relevant stakeholders within the IQ-EQ teams.
  • Review and conduct source of wealth & funds corroboration of clients and investors in line with regulatory requirements.
  • Familiar with AML/KYC requirements for individuals and different types of entities , Companies, Limited Partnerships, Financial Institutions, VCCs, Trusts etc.
  • Well-versed in Enhanced Due Diligence for high-risk cases including PEPs, Adverse Media, Sanctions, and other independent recommendations to mitigate identified risks.
  • Provide support to the business during preparation of escalation processes to the Asia Leadership Team and/or Group Risk & Compliance.
  • Assisting in contributing to the updating and documenting of processes and procedures in all aspects of the AML/KYC cycle.
  • Lead any system development projects and ensure all team members are updating the necessary registers and databases in a timely and accurate manner.
  • Preparation of Key Risk Indicators and other management reports.
  • Assist with client and internal ad-hoc requirements from time to time which include but are not limited to process walkthroughs, internal audit, AML questionnaires and/or regulatory inspections.
  • Leading training of new and existing joiners, and other colleagues covering areas such as remediation projects, latest regulations, change in operational processes and refreshers as and when required.
  • Implementing and driving efficiency within the team, supervising tasks performed by team members.
  • Contribute ideas and participate in transformation and change initiatives to drive continuous improvement to further enhance key deliverables.
  • Other

  • Support the department as required within the confines of role.
  • Undertake any additional reasonable duties or special projects as required by the firm.
  • What we offer

  • Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profile
  • Wellbeing: additional social benefits such as private health and dental cover, life assurance and etc
  • Annual leave: our employees are entitled to 25 days paid leave plus all statutory public holidays
  • Maternity and paternity leave, education leave and etc
  • Flexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend.

    As such, we are open to conversations with employees related to setting up flexible working arrangements.

  • Required Skill Profession

    Operations Specialties Managers



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